Gloster Balance Sheet Health
Financial Health criteria checks 5/6
Gloster has a total shareholder equity of ₹10.8B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are ₹13.5B and ₹2.6B respectively. Gloster's EBIT is ₹446.9M making its interest coverage ratio -3.2. It has cash and short-term investments of ₹691.6M.
Key information
9.9%
Debt to equity ratio
₹1.07b
Debt
Interest coverage ratio | -3.2x |
Cash | ₹691.63m |
Equity | ₹10.82b |
Total liabilities | ₹2.64b |
Total assets | ₹13.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542351's short term assets (₹2.8B) exceed its short term liabilities (₹904.0M).
Long Term Liabilities: 542351's short term assets (₹2.8B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: 542351's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: 542351's debt to equity ratio has increased from 2.5% to 9.9% over the past 5 years.
Debt Coverage: 542351's debt is well covered by operating cash flow (41.3%).
Interest Coverage: 542351 earns more interest than it pays, so coverage of interest payments is not a concern.